Revision in rates of Securities Transaction Tax

 

This is to inform you that subsequent to the presidential assent to the Finance Act 2013 received on May 10, 2013, the rates of levy of Securities Transaction Tax (STT) are revised with effect from June 1, 2013 as below

 

Sr. No. Taxable securities transaction Effective rate till31.05.2013 New rate from01.06.2013 Payable by
A B C D E
1. Purchase of an equity share in a company, where -
(a) the transaction of such purchase is entered into in a recognised stock exchange; and
(b) the contract for the purchase of such share is settled by the actual delivery or transfer of such share
0.1 per cent 0.1 per cent
(No Change)
Purchaser
  Purchase of a unit of an equity oriented fund, where -
(a) the transaction of such purchase is entered into in a recognised stock exchange; and
(b) the contract for the purchase of such unit is settled by the actual delivery or transfer of such unit
0.1 per cent NIL -
2. Sale of an equity share in a company, where –
(a) the transaction of such sale is entered into in recognised stock exchange; and
(b) the contract for the sale of such share is settled by the actual delivery or transfer of such share
0.1 per cent 0.1 per cent
(No Change)
Seller
2 A. Sale of a unit of an equity oriented fund, where –
(a) the transaction of such sale is entered into in a recognised stock exchange; and
(b) the contract for the sale of such unit is settled by the actual delivery or transfer of such unit
0.1 per cent 0.001 per cent Seller
3. Sale of an equity share in a company or a unit of an equity oriented fund, where –
(a) the transaction of such sale is entered into in a recognised stock exchange; and
(b) the contract for the sale of such share or unit is settled otherwise than by the actual delivery or transfer of such share or unit
0.025 per cent 0.025 per cent
(No Change)
Seller
4. (a) Sale of an option in securities 

(b) Sale of an option in securities, where option is exercised

(c ) Sale of a futures in securities
0.017 per cent

0.125 per cent

0.017 per cent
0.017 per cent
(No Change)
0.125 per cent
(No Change)
0.01 per cent
Seller

Purchaser

Seller

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